New Commutation Table - How To Calculate Gratuity And Pension - Terminal Benefits

New Commutation Table - How to calculate Gratuity and Pension - Terminal Benefits "For payment of commutation amount the Commission has noted that various factors suggest that the procedure of restoration of commuted amount after 15years appears to be more than fair. However the Commission has recommended the a new table (Annex.5.1.2) for calculation of commutation values." Age Factor Age Factor Age Factor 20 9.188 41 9.075 62 8.093 21 9.187 42 ...